August 5, 2003 - 23:36 AMT
WB REPRESENTATIVE NOTES REDUCTION OF ECONOMIC RISK IN ARMENIA
The economic risk record of Armenia and Azerbaijan is, on the whole, more favorable than in Georgia. Former World Bank vice president for Europe and Central Asia Johannes Lynn told "ITAR-TASS" agency. In his words, rather rapid growth is observed in Armenia recently in spite of trade limitations imposed by some neighbors. "I think Azerbaijan having oil and gas resources also feels comparatively well," - the WB former vice president emphasized. At that he noted that he was still worried for Georgia and Molvoda.